Federal Employees' Group Life Insurance Act

Tuman Global Solutions Announces New International Group Life and Long-Term Disability Offerings

Retrieved on: 
Dienstag, September 12, 2023
Policy, Disability, Federal Employees' Group Life Insurance Act, Health insurance

FAIRHOPE, Ala., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Tuman Global Solutions , a division of Trawick International, today announced the launch of its International Group Life and Long-Term Disability insurance plans for global mobility-minded businesses with employees outside the United States.

Key Points: 
  • FAIRHOPE, Ala., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Tuman Global Solutions , a division of Trawick International, today announced the launch of its International Group Life and Long-Term Disability insurance plans for global mobility-minded businesses with employees outside the United States.
  • Tuman Global Solutions’ International Group Life and Long-Term Disability plans are highly customizable and available to employers with ten or more international employees.
  • In addition to providing benefits for employees on assignment outside their home country, life insurance coverage is also available for local nationals.
  • The Group Long-Term Disability plan is specifically designed to offer coverage for employees facing prolonged periods of disability while working away from their home country.

Equitable Life ® launches EZBenefits, a better benefits experience for small business

Retrieved on: 
Donnerstag, Juni 29, 2023
Learning, Small business, Partnership, The Equitable Life Assurance Society, Equitable Life, Health, Long-Term Capital Management, Marketing, Organization, Federal Employees' Group Life Insurance Act, HCSA, Inclusion, Equitable, The Miller Group Marketing Los Angeles, Life insurance, Health insurance, Management

WATERLOO, ON, June 29, 2023 /CNW/ - Equitable Life announced today that it is launching Equitable EZBenefits™, a unique new group benefits solution designed specifically for the needs of small business.

Key Points: 
  • WATERLOO, ON, June 29, 2023 /CNW/ - Equitable Life announced today that it is launching Equitable EZBenefits™, a unique new group benefits solution designed specifically for the needs of small business.
  • "Small businesses need competitive health benefits to help attract and retain top talent.
  • The problem is, they're competing with larger organizations with big budgets," said Marc Avaria, Executive Vice President, Group Benefits at Equitable Life.
  • Small business owners interested in learning more about Equitable EZBenefits can visit info.equitable.ca/ezbenefits to explore plan design options and connect with an independent group benefits advisor.

AM Best Assigns Credit Ratings to GEICO Texas County Mutual Insurance Company

Retrieved on: 
Donnerstag, Juni 1, 2023
Consulting, Professional Services, Insurance, Finance, Berkshire Hathaway, AM Best, ALL, Risk management, Credit, Federal Employees' Group Life Insurance Act, MGA, GEICO, Superior, AM, Berkshire, News, NYSE

AM Best has assigned a Financial Strength Rating of A++ (Superior) and a Long-Term Issuer Credit Rating of “aaa” (Exceptional) to GEICO Texas County Mutual Insurance Company (GTCMIC) (Richardson, TX).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A++ (Superior) and a Long-Term Issuer Credit Rating of “aaa” (Exceptional) to GEICO Texas County Mutual Insurance Company (GTCMIC) (Richardson, TX).
  • Effective Jan. 1, 2023, the company entered into a quota share agreement with Government Employees Insurance Company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Aflac adds Beneficiary Companion® services to its group Premier Life Absence Disability Solutions portfolio

Retrieved on: 
Donnerstag, März 30, 2023
Workforce, Survivor, Theft, The Grief Recovery Institute, Face, AARP, Estate, Identity theft, Grief, Social Security Administration, Companion, Frustration, Crime, Confusion, Social, Federal Employees' Group Life Insurance Act, Death, Life insurance, Aflac, Iris

COLUMBUS, Ga., March 30, 2023 /PRNewswire/ -- When a loved one passes away, paperwork should be the least of a survivor's worries, but beneficiaries work with multiple companies and institutions, making many decisions, when settling affairs after a family member or close friend passes. To address this challenge, and to add value for its customers, Aflac, a leading provider of supplemental health insurance, is partnering with Iris® Powered by Generali ("Iris"), to provide Beneficiary Companion® services for individuals insured by Group Life Insurance from Aflac's Premier Life, Absence and Disability Solutions. Beneficiary Companion services assist individuals and their beneficiaries with navigating the often-complex administrative details related to death, including monitoring and resolving identity information and potential theft. 

Key Points: 
  • To address this challenge, and to add value for its customers, Aflac, a leading provider of supplemental health insurance, is partnering with Iris® Powered by Generali ("Iris"), to provide Beneficiary Companion® services for individuals insured by Group Life Insurance from Aflac's Premier Life, Absence and Disability Solutions.
  • Beneficiary Companion services assist individuals and their beneficiaries with navigating the often-complex administrative details related to death, including monitoring and resolving identity information and potential theft.
  • We believe stress associated with complicated paperwork and the potential of crimes like identity theft shouldn't be among them," said Scott Beeman, senior vice president, Premier Life Absence Disability Solutions.
  • Key features of Beneficiary Companion® services include:
    24/7 live information and advice from dedicated Beneficiary Assistance Coordinators.

AM Best Affirms Credit Ratings of Members of GEICO and GEICO Corporation

Retrieved on: 
Dienstag, November 22, 2022
Insurance, Professional Services, National Indemnity Company, Superior, Chevrolet, Employment, Credit, Government Employee Fair Treatment Act, GEICO, Chase, NYSE, Federal Employees' Group Life Insurance Act, AM Best, Berkshire, FSR, Long-Term Capital Management, DE, Berkshire Hathaway, Risk management, MD, Insurance

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aaa (Exceptional) for the members of Government Employees Group (GEICO) (Chevy Chase, MD).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aaa (Exceptional) for the members of Government Employees Group (GEICO) (Chevy Chase, MD).
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect GEICOs balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management.
  • Moreover, GEICO Corporation maintains minimal financial leverage and sufficient cash flows to fund fixed charges.

Transamerica Enhances Coverage Within Its Workplace Supplemental Health Benefits Suite

Retrieved on: 
Montag, Juni 27, 2022
Insurance, Down syndrome, Disability, Acupuncture, Senior, Workforce, Jean-Louis Vincent, History, Mental, Aegon, Policy, Cerebral palsy, Threshold limit value, Retirement, Investment, Cardiovascular disease, Accident insurance, Employee benefits, Health, Cystic fibrosis, Solution, Time, Transamerica Corporation, Neurodevelopmental disorder, Observation, Federal Employees' Group Life Insurance Act, Health insurance, Life insurance, Transamerica

BALTIMORE, June 27, 2022 /PRNewswire/ -- Transamerica announced today the expansion of its workplace benefits offerings with refreshed supplemental Transamerica Accident InsuranceSM and Transamerica Critical Illness InsuranceSM policies available for employers to offer employees.

Key Points: 
  • BALTIMORE, June 27, 2022 /PRNewswire/ -- Transamerica announced today the expansion of its workplace benefits offerings with refreshed supplemental Transamerica Accident InsuranceSM and Transamerica Critical Illness InsuranceSM policies available for employers to offer employees.
  • New benefits include:
    An organized sports benefit rider that pays an additional percentage of total benefits, making this policy ideal for active families.
  • Mental health benefits that allow up to five annual mental health visits with a psychiatrist or psychologist at up to $150 per visit.
  • "Transamerica recognizes the need for protection that goes beyond common conditions," said John Stanley, Senior Managing Director of Employee Benefits at Transamerica.

United States Group Life Insurance Segment Series Subscription - Key Issues and Developments - ResearchAndMarkets.com

Retrieved on: 
Mittwoch, Februar 23, 2022
Insurance, Professional Services, Garden (Summer Edit), Federal Employees' Group Life Insurance Act, Industry, Insurance, Retail

The "United States Group Life Insurance Segment Series Subscription - 3 Issues Per Annum" newsletter from Conning, Inc has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Group Life Insurance Segment Series Subscription - 3 Issues Per Annum" newsletter from Conning, Inc has been added to ResearchAndMarkets.com's offering.
  • The Group Life Insurance Segment Report contains extensive information concerning the various aspects associated with group life insurance.
  • The Insurance Segment Report presents key issues and developments in the market including market constituents, market forces, products and product features, financial results, and future outlook for the Group Life lines of business.
  • As with all Insurance Segment Reports the key insurers in the segment are ranked with a five-year comparison.

Vitech Releases Fall 2021 V3locity Solution Enhancements in Claims and User Experience

Retrieved on: 
Montag, November 22, 2021
Insurance, UI, Vitech Corporation, Analytics, Retirement, Investment, Federal Employees' Group Life Insurance Act, Gartner, Organization, Digital, Efficiency, Multimedia, AWS, Online shopping

NEW YORK, Nov. 22, 2021 /PRNewswire/ --Vitech Systems Group today announced that it has released its Fall 2021 enhancements for V3locity, Vitech's cloud-native administration, engagement, and analytics solution.

Key Points: 
  • NEW YORK, Nov. 22, 2021 /PRNewswire/ --Vitech Systems Group today announced that it has released its Fall 2021 enhancements for V3locity, Vitech's cloud-native administration, engagement, and analytics solution.
  • "V3locity is instrumental to our customers' technology transformations, and our regular product enhancements ensure a consistent, innovative foundation for a solution of unparalleled execution and performance."
  • The next-generation ClaimsCenter application for efficient benefit claims management focuses on Group Life Insurance in this release.
  • New improvements in V3locity digital self-service allow members to quickly calculate pension benefits and apply for loans or retirement benefits on demand.

AM Best Revises Outlooks to Stable for Health Care Service Corporation and Its Subsidiaries

Retrieved on: 
Freitag, November 12, 2021
Insurance, Professional Services, Blue Cross Blue Shield Association, AM Best, Health Care Service Corporation, ALL, Jean-Louis Vincent, Industry, News, Blue, Pharmacy, Federal Home Loan Banks, Credit, HCSC, Long-term care insurance, Federal Employees' Group Life Insurance Act, Tax, Insurance, Income, Growth, FHLB, Tax Cuts and Jobs Act of 2017, COVID-19, Disability, Federation, Risk management, AM, FSR, Vision, Data

However, AM Best notes that underwriting and net income are expected to remain profitable.

Key Points: 
  • However, AM Best notes that underwriting and net income are expected to remain profitable.
  • HCSC also markets other Blue-branded ancillary products, such as pharmacy, advanced payment review and health advocacy solutions.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of GEICO Corporation and Majority of Members of GEICO

Retrieved on: 
Mittwoch, November 3, 2021
Insurance, Professional Services, Long-Term Capital Management, MD, Chevrolet, Berkshire Hathaway, AM Best, NYSE, Federal Employees' Group Life Insurance Act, NICO, Chase, National Indemnity Company, GEICO, Income, Government Employee Fair Treatment Act, DE, Berkshire, Credit, Employment, Superior, FSR, ERM, Insurance

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aaa (Exceptional) for majority of the members of Government Employees Group (GEICO) (Chevy Chase, MD).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aaa (Exceptional) for majority of the members of Government Employees Group (GEICO) (Chevy Chase, MD).
  • In addition, AM Best has upgraded the FSR to A++ (Superior) from A+ (Superior) and the Long-Term ICR to aaa (Exceptional) from aa (Superior) of GEICO Marine Insurance Company (GEICO Marine) (Omaha, NE), which is now a member of GEICO.
  • The outlook of these Credit Ratings (ratings) is stable.
  • Moreover, GEICO Corporation maintains minimal financial leverage and sufficient cash flows to fund fixed charges.